FS Credit Opportunities Corp. (
NYSE:FSCO -
Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $7.58 and last traded at $7.59, with a volume of 358528 shares changing hands. The stock had previously closed at $7.45.
FS Credit Opportunities Price Performance
The stock has a fifty day simple moving average of $7.24 and a two-hundred day simple moving average of $7.01.
FS Credit Opportunities Increases Dividend
The business also recently declared a monthly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 24th were given a dividend of $0.0678 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date was Thursday, July 24th. This is a positive change from FS Credit Opportunities's previous monthly dividend of $0.06.
Institutional Investors Weigh In On FS Credit Opportunities
Hedge funds and other institutional investors have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of FS Credit Opportunities during the 2nd quarter worth approximately $35,000. Global Assets Advisory LLC acquired a new position in shares of FS Credit Opportunities during the 1st quarter worth approximately $77,000. Curran Financial Partners LLC acquired a new position in shares of FS Credit Opportunities during the 1st quarter worth approximately $78,000. WPG Advisers LLC acquired a new position in shares of FS Credit Opportunities during the 1st quarter worth approximately $84,000. Finally, Freestate Advisors LLC acquired a new position in shares of FS Credit Opportunities during the 1st quarter worth approximately $85,000. 36.37% of the stock is currently owned by institutional investors and hedge funds.
About FS Credit Opportunities
(
Get Free Report)
FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.
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